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Updated about 8 years ago on . Most recent reply
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Vacation Rentals (Airbnb etc) Where would you do it in the USA
Hi everyone, I live in Madrid, Spain and I have done several real estate deals abroad but I am really interested in the US market. The opportunities I read about in the US seem a lot better than over here. However I am a little bit confused on what location to look at.
I currently do Airbnb vacation rentals here in Spain. Its pretty much the only viable real estate option here because tourism is carrying the entire economy. I have thought about Florida because it has good tourism and weather, I have even read about people having success in cities like Kansas City, MO which to be honest I barely knew existed until reading about it on this forum.
The reason I am attracted to vacation rentals is because I have done it here in Spain so I know how it works and believe in it. It can be a pain but the returns usually make up for it. If anyone has any sugggestions or even better examples who are doing this business somewhere in the US I would be really greatful.
Thanks!
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Originally posted by @Caroline Barnett:
And how do you want to handle the property management for airbnb property from abroad? Did you come across a company specializing in this?
Caroline,
What makes you think that that is so complicated? It just comes down to proper organization and automation. Though it sounds like a stereotype, I have literally managed my vacation rental properties from a beach in Thailand, and I have absolutely no problem managing other properties remotely.